PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new incentive framework for mobile phone manufacturing is likely to favour companies with scale, export capabilities and strong domestic supply chains, with Dixon Technologies well positioned to meet these requirements, according to Motilal Oswal Financial Services.
According to Motilal Oswal, the Mobile Phone Manufacturing Scheme (MPMS) has an incentive outlay of ₹62,500 crore spread over five years from FY26 to FY31, with incentives ranging from 2.25% to 5.0% depending on whether companies meet prescribed sales thresholds.
